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20121222
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- it has not been there since july of this year. > we also had a quadruple witching day which has now passed. i expect that probably factored in a little bit. but do you expect less volatility now? > > actually it is hard to say. i think there are still going to be concerns as we roll in toward the beginning of the year. if there is no deal, i think you are going to continue to see vol buyers into january, because the expectations are the s&p could slip significantly if nothing gets done. we are trending right now back down toward that 50-day moving average, chuck, which is around 1413, with the s&p right now about 1419. so, not too far away from there. so that is something we are keeping a close eye on. i think if we break through there, you would see a lower high in this pattern, and that potentially could lead to higher volatility expectations. > dan, what about the s&p 500? eight out of 10 groups in the s&p fell, including apple. > > exactly. you are seeing apple push back down now toward those lows that it saw just a couple weeks ago, like $501 i think was the intra-day low. so y
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